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card transaction News
Customers won't have to pay MDR charges at petrol pumps, Oil Minister Dharmendra Pradhan says
Mon, Jan 09, 2017
Pradhan said that Oil companies and banks discussing who is to bear MDR charges, adding, "Petrol pumps will continue to accept card payments post January 13."
Government to waive service tax on card transactions up to Rs 2,000
Thu, Dec 08, 2016
The government has been taking steps to promote cashless or digital transactions to take India towards a less-cash economy.
How to avoid cyber fraud in card transaction
Fri, Nov 18, 2016
To secure the POS system, any Wi-Fi systems should be password-protected.
Banknotes ban effect: Transactions via RuPay cards nearly doubled
Fri, Nov 11, 2016
National Payments Corporation of India (NPCI) on Friday said “RuPay usage on Point Of Sale (PoS) / e-Commerce was around 8 lakh transactions a day compared with a daily average of 4 lakh transactions earlier. The value of transactions almost doubled.”
Government to bear card payment transaction costs
Tue, Aug 16, 2016
In order to promote cash-less economy, the government has said it will bear the transaction cost for all payments made to it through debit or credit cards and net banking.